Resolution 16-120 Contract for Employee Health Insurance With Premera, Assurant, and Prudential

CITY OF HOMER

HOMER, ALASKA

                                                                                                                                City Manager/

Personnel Director

RESOLUTION 16-120

A RESOLUTION OF THE CITY COUNCIL OF HOMER, ALASKA, APPROVING A NEW ONE-YEAR CONTRACT FOR EMPLOYEE HEALTH AND LIFE INSURANCE FOR 2017 WITH PREMERA BLUE CROSS, ASSURANT HEALTH, AND PRUDENTIAL.

WHEREAS, The City of Homer received proposals from private health insurance companies which were evaluated by the consultant and City Administration, and agreed that the best proposal for health insurance was the one submitted by Premera Blue Cross; and

WHEREAS, Assurant Health submitted a proposal for Dental and Vision which would provide the City with a better rate for those benefits; and

WHEREAS, Combining the Premera Blue Cross and Assurant Health proposals would only raise the total health care costs by 10.4% in 2017; and

WHEREAS, The Employee Committee had a conference call and discussion with Brandon Nyberg of Wells Fargo Insurance, reviewed the benefit coverage and cost projections for the 2017 plan, and reviewed proposals submitted, and concurs with this recommendation.

NOW, THEREFORE, BE IT RESOLVED that the Homer City Council hereby approves a new one-year contract with Premera Blue Cross, Assurant Health, and Prudential for employee health and life insurance for 2017, with a term beginning on January 1, 2017, and authorizes the City Manager to execute the appropriate documents.

PASSED AND ADOPTED by the Homer City Council this 21st day of November, 2016.

                                                                                                         CITY OF HOMER

                                                                                                         ______________________________                                                                                                                        BRYAN ZAK, MAYOR

ATTEST:

___________________________

JO JOHNSON, MMC, CITY CLERK

Fiscal Note:  $1,603,630.27 annual cost of employee health care.